Okay, hypothetically let’s imagine someone who is a Bitcoin trading god. Every peak he’s there unloading his bags, every dip and he’s buying hundreds of Bitcoins. This guy turns thousands into millions and millions into billions. Huge success story right?

But here’s the rub, where is all this money coming from? The money isn’t coming out of thin air, it’s not coming from the crypto exchanges, otherwise they’d go bankrupt, it’s not coming from the value of any goods or services produced. The answer is that all that money is coming from other people. Someone has to be buying at the peak thinking it’ll go “To the moon” and getting burned, or maybe the need to pay off some hackers cryptolocker. The same for the dip maybe someone needs real money right now and must sell despite the loss, or maybe someone is panic selling thinking the price will go lower. Our hypothetical trading god hasn’t really created any money or anything of value at all, they’ve just moved money from the losers in the Bitcoin to his own wallet.

This makes you the equivalent to one of the spokespeople from near the top of a pyramid scheme taking about how this is one of the legit pyramid schemes, because you’ve earned so much money! Ignoring of course that all of their money means that someone somewhere needed to lose that money first.

However, I suppose at the end of the day, you did take twenty four thousand dollars from crypto morons, so I suppose that’s kinda noble in a way.

Wow, that’s bad. I thought it would be more of a “confusing a sentence for a similar sounding one” type thing but from the above and the article it’s just generating semi-believable text and sticking them into the transcriptions.

Well most of human management can’t be held accountable (unless they step on the toes of someone above them) so honestly, what would be the difference?

I was thinking about that a while back. There’s got to be some sort of upper limit to collecting data being useful. I mean at some point it becomes more economical to just buy the data from one other thousands of companies data mining phones rather then going to all the trouble of building and maintaining your own data mining app.

Visiting the corpse of Twitter was your first mistake

Taking lessons from Elon.

Wasn’t Huffman singing Elon’s praises after the Twitter purchase?

If scrapers have anything to do with the decision, I’d guess its not so much “stop” as it is “make them pay to scrape”. However I’d guess this is just Huffman trying to squeeze more money out of Reddit.

I’d describe the Vegas loop as two, one lane tunnels rather than a two lane road. It’s a minor but important distinction, two lane roads have a lot of extra room to maneuver, while the Vegas loop will probably get very entertaining if one of those Teslas break down, especially if say… one catches fire.

Of course, what will be really fun if there’s a mid tunnel fire is that the ventilation system is just “blow air from one station to the next.” So one station has to get burning fumes and heat of a burning car… as well as everyone in the tunnel downwind of the fire.

Well, so do I. I’d be so god damned motivated for 46 billion.

Kinda short.

I think it’s because it’s still smaller than Reddit.

This is just my opinion, but since modern right wing is reactionary they (by definition) require people to react to and rally against. In turn they need people to react to them for validation. Just look at any of the many right wing social media clones, without a “leftist” audience to perform for they inevitably get bored and leave, causing the site to slowly wither and die.